EDAP TMS Stock Forecast - Accumulation Distribution
| EDAP Stock | USD 7.13 0.23 3.13% |
EDAP Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast EDAP TMS stock prices and determine the direction of EDAP TMS SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of EDAP TMS's historical fundamentals, such as revenue growth or operating cash flow patterns. Although EDAP TMS's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of EDAP TMS's systematic risk associated with finding meaningful patterns of EDAP TMS fundamentals over time.
Check out Historical Fundamental Analysis of EDAP TMS to cross-verify your projections. EDAP |
Open Interest Against 2024-04-19 EDAP Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast EDAP TMS's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in EDAP TMS's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for EDAP TMS stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current EDAP TMS's open interest, investors have to compare it to EDAP TMS's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of EDAP TMS is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in EDAP. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in EDAP TMS cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the EDAP TMS's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets EDAP TMS's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which EDAP TMS is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of EDAP TMS SA to determine if accumulation or reduction is taking place in the market. This value is adjusted by EDAP TMS trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 5876.65 | 0.0854 |
| Check EDAP TMS Volatility | Backtest EDAP TMS | Information Ratio |
EDAP TMS Trading Date Momentum
| On April 19 2024 EDAP TMS SA was traded for 7.13 at the closing time. The top price for the day was 7.73 and the lowest listed price was 7.07 . There was no trading activity during the period 0.0. Lack of trading volume on April 19, 2024 did not affect price variability. The overall trading delta against the current closing price is 4.49% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare EDAP TMS to competition |
Other Forecasting Options for EDAP TMS
For every potential investor in EDAP, whether a beginner or expert, EDAP TMS's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. EDAP Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in EDAP. Basic forecasting techniques help filter out the noise by identifying EDAP TMS's price trends.EDAP TMS Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with EDAP TMS stock to make a market-neutral strategy. Peer analysis of EDAP TMS could also be used in its relative valuation, which is a method of valuing EDAP TMS by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
EDAP TMS SA Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of EDAP TMS's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of EDAP TMS's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
EDAP TMS Market Strength Events
Market strength indicators help investors to evaluate how EDAP TMS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EDAP TMS shares will generate the highest return on investment. By undertsting and applying EDAP TMS stock market strength indicators, traders can identify EDAP TMS SA entry and exit signals to maximize returns.
EDAP TMS Risk Indicators
The analysis of EDAP TMS's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in EDAP TMS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting edap stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.42 | |||
| Semi Deviation | 2.12 | |||
| Standard Deviation | 3.18 | |||
| Variance | 10.1 | |||
| Downside Variance | 5.54 | |||
| Semi Variance | 4.47 | |||
| Expected Short fall | (2.99) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards EDAP TMS in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, EDAP TMS's short interest history, or implied volatility extrapolated from EDAP TMS options trading.
Pair Trading with EDAP TMS
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EDAP TMS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EDAP TMS will appreciate offsetting losses from the drop in the long position's value.Moving together with EDAP Stock
| 0.61 | ELMD | Electromed | PairCorr |
Moving against EDAP Stock
| 0.77 | TFX | Teleflex Incorporated Financial Report 2nd of May 2024 | PairCorr |
| 0.73 | IVP | Inspire Veterinary | PairCorr |
| 0.7 | EMBC | Embecta Corp Financial Report 10th of May 2024 | PairCorr |
| 0.63 | DYNT | Dynatronics Financial Report 9th of May 2024 | PairCorr |
| 0.45 | AHG | Akso Health Group | PairCorr |
The ability to find closely correlated positions to EDAP TMS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EDAP TMS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EDAP TMS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EDAP TMS SA to buy it.
The correlation of EDAP TMS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EDAP TMS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EDAP TMS SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EDAP TMS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of EDAP TMS to cross-verify your projections. Note that the EDAP TMS SA information on this page should be used as a complementary analysis to other EDAP TMS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for EDAP Stock analysis
When running EDAP TMS's price analysis, check to measure EDAP TMS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EDAP TMS is operating at the current time. Most of EDAP TMS's value examination focuses on studying past and present price action to predict the probability of EDAP TMS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EDAP TMS's price. Additionally, you may evaluate how the addition of EDAP TMS to your portfolios can decrease your overall portfolio volatility.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |
Is EDAP TMS's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EDAP TMS. If investors know EDAP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EDAP TMS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Earnings Share (0.61) | Revenue Per Share 1.633 | Quarterly Revenue Growth 0.248 | Return On Assets (0.11) |
The market value of EDAP TMS SA is measured differently than its book value, which is the value of EDAP that is recorded on the company's balance sheet. Investors also form their own opinion of EDAP TMS's value that differs from its market value or its book value, called intrinsic value, which is EDAP TMS's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EDAP TMS's market value can be influenced by many factors that don't directly affect EDAP TMS's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EDAP TMS's value and its price as these two are different measures arrived at by different means. Investors typically determine if EDAP TMS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EDAP TMS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.